Posted on: 05th Sep, 2009 12:00 am
I am paying LIC premiums for my sister who is dependent on me. Can I submit those receipts for my tax exemption?
Also, does he have to file a return?
Will he fixed deposits attract tax deducted at source (TDS)?
I also pay rent on hir living home,so that HRA will be consider in tax deduction?
Please Advoice me..!!
Also, does he have to file a return?
Will he fixed deposits attract tax deducted at source (TDS)?
I also pay rent on hir living home,so that HRA will be consider in tax deduction?
Please Advoice me..!!
You cannot deduct taxes on the those payments.
Your sister can deduct the same
Your sister can deduct the same
It is not legal as you use her receipt for your tax duduction purpose.
It will be use for your sister's tax deduction purpose.
It will be use for your sister's tax deduction purpose.